Brijlal Mohan, Founder and Chairman of Hero MotoCorp died in a Delhi hospital. He was 92.
Mr Munjal was born in 1923 at Kamalia in present-day Pakistan. After India’s independence, the Munjal brothers started a small business of manufacturing bicycle components in Ludhiana and went on to build one of the largest business groups in the country.
He started Hero group in 1956. Hero MotoCorp is the world’s largest two-wheeler company now for the 14th year in a row.
Hero Cycles, has been the largest manufacturer of bicycles since 1986.
Hero group formed a joint venture with Japan’s Honda in 1984, the joint venture – Hero Honda, went on to become the world’s single-largest motorcycle maker. The partnership ended in 2011.
Mr Munjal had retired from active role and had become the Chairman Emeritus of the group.
He was conferred with the ‘Padma Bhushan’ in 2005 in recognition of his contribution in the field of trade and industry.